India has achieved a significant milestone in poverty reduction, with a remarkable number of people moving out of poverty within just 15 years. The latest update of the global Multidimensional Poverty Index (MPI) released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) sheds light on this extraordinary achievement.  

• Sub-Saharan Africa has the highest poverty incidence, with countries in this region having the highest poverty rates according to the Global Multidimensional Poverty Index (MPI). The region is home to 534 million poor people, making it one of the most affected regions in terms of poverty.
• In a span of 15 years, a staggering 415 million people in India have escaped the clutches of poverty. This achievement highlights the tremendous progress the country has made in improving the living conditions of its citizens. 
• In 2005/2006, India faced a poverty incidence of 55.1%. During this time, approximately 645 million people were living in poverty.
• However, through concerted efforts and effective policies, India has witnessed a significant decline in poverty rates. The latest figures show that the poverty incidence has dropped to 16.4% in 2019/2021.
• This demonstrates a substantial improvement in the living conditions of millions of individuals and families.